According to a study by the American Medical Association (AMA), the use of prior authorization for hospital prescription drugs will increase by 20% per year.
in fact, for physician practices, the complex process of hospital prior authorization has always been burdensome and costly. Wasting up physicians and staff’s time an enormous amount of time each week on:
- Negotiating with insurance companies
- Collection of the needed correct information on documentation
- Continuous follow up etc
Furthermore, keeping track of new rules and regulations related to hospital prior authorization is another rising challenge in the industry. As recently with CMS adding Implanted Spinal Neurostimulators and Cervical Fusion with Disc Removal to the nationwide prior authorization process for hospital outpatient department (OPD) is to be effective from 1st July 2021, are still unknown by many practices. Thus resulting in prior authorization delay and finally claims rejection
Sunknowledge Services Inc: an answer for your complete hospital prior authorization:
With complete up to date on the authorization regulation, Sunknowledge team of experts take the complete hospital prior authorization. Understanding the different requirements of payer's rules which differ with each health plan, our experts keep a track of all these along with the frequent change in the payer rules in order to reduce the chances of errors. Following up regularly with stringent checks, our authorization experts maintaining a 99.9% accuracy rate further ensures 100% prior authorization submission on the same day; which mostly no other RCM solution offers.
With real-time authorization solution in controlling and closing the hospital prior authorization gaps quicker and efficiently, our experts follow all:
- Verifying eligibility
- Initiating the hospital prior authorization quickly
- Following up on the prior authorization request continuously by our authorization experts
- Obtaining and acknowledging authorization
- Scheduling etc
We are an inclusive solution for all your complex prior authorization with more than 100s clientele lists. So, why waste your time and money when Sunknowledge Services Inc can provide you with an excellent authorization solution at a cost effective rate. Call us right now!
